Lake Forest 2 Homes & Neighborhoods

Forest Creek has now had 4 closed sales this year, and there are 3 currently in escrow.  The 5 actives include 2 bank-owned homes and 1 short sale.  The non-”troubled” homes priced under $282/sq ft have sold very quickly.

Here is the year to date activity report:
Homes for sale in Forest Creek

Other related posts:
About Forest Creek  (includes aerial map + 2007 sales)

Homes in the Woods of Lake Forest enjoy a strong demand by people who are looking for something different from a typical Orange County neighborhood.  The location of a home will greatly effect it’s value, based on the specific features of the property.  Some of the homes back up to roads or other homes, but the most desirable may have views of a ravine, creek or wooded trail.  Many people have built elaborate patios and decks where they can sit and enjoy the views. 

There are currently 4 homes in the active MLS today, with prices ranging from $639,900 to $795,000.  Only one of them is a short sale.  The homes in escrow include 1 bank owned, and 1 short sale, and the 3rd has actually been leased, so it’s not really in escrow.  Closings this year have ranged from $615,000 to $730,000.

Sales Report for the Woods in Lake Forest

Other reports for the Woods in Lake Forest

There has still been only one closing this year in Indian Hills.  Current inventory ranges from $530,000 to $629,000.  None of these are short sales or bank owned.

Indian Hills Sales Report

Past reports about Indian Hills

There has still been only one closing this year in the Ranchwood neighborhood.  There are currently 3 homes in escrow: 2 bank-owned homes and 1 short sale that has been waiting for lender approval since mid January.  The 2 active listings are both short sales.  

Ranchwood Homes Sales Report

 Life on the lake is pretty good – especially if you are a swan and think you own the whole lake!  The Lake Forest Keys swans, “Oscar” and “Emmy” have lived at the lake for about 5 years now, and are mature enough to breed and raise a family.  Each spring I have watched them build a nest somewhere on the shore, and generally get pretty upset with anyone who comes near it.  They have also been known to chase small boats and kyacks and try to nip anyone that they can reach.  It is now past the season for them to lay eggs, so we will now have to wait for baby swans for another year. 

Homes for sale in the Lake Forest Keys now include 2 foreclosures, and 3 short sales.  The prices for the waterfront homes now start at $755,000 for the small single story, and go up to $1.8 million for a custom newer 2 story home that is over 3,800 square feet. 

Here is the latest report for Year-to-Date Listings and Sales in the Lake Forest Keys.

Lake Forest Keys Homes for Sale